NOT LISTED FOR SALE

2409 W 3rd St Chanute, KS 66720

Estimated Value: $194,000 - $255,000

4 Beds
8 Baths
2,113 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2025

Current estimated payment $1,457 / mo

4 Days on Market

Highlights

  • No HOA
  • Garage
  • Paved or Partially Paved Lot
  • Central Air

About This Home

As of August 2025

Nestled in great neighborhood, these duplexes feature four spacious units—each thoughtfully designed to balance comfort and practicality. With a proven rental history, newly built, and low maintenance requirements, this property is poised to deliver immediate returns and long-term appreciation. This investment opportunity also comes with the benefit of being in a 10 year tax abatement program with 9 years still remaining. With competitive rents and a high occupancy rate, this duplex is already generating impressive monthly cash flow. Detailed financials are available upon request. Whether you’re looking for a return, portfolio diversification, or a welcoming place to call home, this investment delivers on every front. Don’t miss your chance to secure a quality multifamily asset.
. Properties are being shown by appointment only. Seller is willing to finance at 7.5% interest over 20 years amortization, at a 5-year variable with 10% down. Price down payment $50,000 contract for deed.

• Location: Chanute, Kansas
• Property Type: Duplex (2)
• Year Built: 2022
• Total Units: 4
• Current Occupancy: High occupancy rate, often fully leased

Last Agent to Sell the Property

Ben Jacks

Midwest Land Group Brokerage Phone: 580-304-9109 Listed on: 07/15/2025

Midwest Land Group

Last Buyer's Agent

Ben Jacks

Midwest Land Group Brokerage Phone: 580-304-9109 Listed on: 07/15/2025

Midwest Land Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,681

Year Built

  • Built in 2022

Lot Details

  • 10,890 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • Garage

Home Design

  • Duplex
  • Stone Frame
  • Frame Construction
  • Composition Roof
  • Concrete Roof
  • Vinyl Siding

Interior Spaces

  • 8 Bathrooms
  • 2-Story Property

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 044-19-0-30-01-060.00-0
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,681

Year Built

Built in 2022

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2022
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Ben Jacks
  • List Office Mls Id: HMSMIGP
  • List Office Name: Midwest Land Group
  • List Office Phone: 913-674-8010
  • Mls Status: Sold
  • Operating Expense: 9000
  • Age Description: 3-5 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Maintenance Description: Lawn
  • Phone Other: 5803049109
  • Package: No
  • Attribution Contact: 580-304-9109
  • Special Features: None

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition, Concrete
  • Construction Materials: Frame, Stone & Frame, Vinyl Siding
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Direct Access

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1ST Title

Schools

  • Junior High Dist: USD 413 - Chanute

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 10890
  • Parcel Number: 044-19-0-30-01-060.00-0
  • Subdivision Name: None
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: Month To Month

Multi Family

  • Gross Income: 60000
  • Current Occupancy Rate: Over 95%
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 7681
  • Tax Abatement YN: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 Sold -- -- --
07/19/2025 07/19/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $500,000 -- $237 / Sq Ft
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,986 $18,648 $1,596 $17,052
2024 $2,919 $18,463 $1,596 $16,867
2023 -- $18,101 $1,596 $16,505
2022 -- $16,945 $2,140 $14,805
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2563228

Heartland MLS

APN: 044-19-0-30-01-049.00-0

Your Personal Tour Guide

Ask me questions while you tour the home.